Daeduck Electronics (Korea) Probability of Future Stock Price Finishing Under 6467.5
| 008060 Stock | 6,580 70.00 1.08% |
Daeduck |
Daeduck Electronics Target Price Odds to finish below 6467.5
The tendency of Daeduck Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to 6,468 or more in 90 days |
| 6,580 | 90 days | 6,468 | about 98.0 |
Based on a normal probability distribution, the odds of Daeduck Electronics to drop to 6,468 or more in 90 days from now is about 98.0 (This Daeduck Electronics Co probability density function shows the probability of Daeduck Stock to fall within a particular range of prices over 90 days) . Probability of Daeduck Electronics price to stay between 6,468 and its current price of 6580.0 at the end of the 90-day period is roughly 2.08 .
Assuming the 90 days trading horizon Daeduck Electronics has a beta of 0.16. This suggests as returns on the market go up, Daeduck Electronics average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Daeduck Electronics Co will be expected to be much smaller as well. Additionally Daeduck Electronics Co has an alpha of 0.0566, implying that it can generate a 0.0566 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Daeduck Electronics Price Density |
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Predictive Modules for Daeduck Electronics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Daeduck Electronics. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Daeduck Electronics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Daeduck Electronics is not an exception. The market had few large corrections towards the Daeduck Electronics' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Daeduck Electronics Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Daeduck Electronics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | 0.16 | |
σ | Overall volatility | 111.13 | |
Ir | Information ratio | -0.06 |
Daeduck Electronics Technical Analysis
Daeduck Electronics' future price can be derived by breaking down and analyzing its technical indicators over time. Daeduck Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Daeduck Electronics Co. In general, you should focus on analyzing Daeduck Stock price patterns and their correlations with different microeconomic environments and drivers.
Daeduck Electronics Predictive Forecast Models
Daeduck Electronics' time-series forecasting models is one of many Daeduck Electronics' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Daeduck Electronics' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Daeduck Electronics in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Daeduck Electronics' short interest history, or implied volatility extrapolated from Daeduck Electronics options trading.
Other Information on Investing in Daeduck Stock
Daeduck Electronics financial ratios help investors to determine whether Daeduck Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Daeduck with respect to the benefits of owning Daeduck Electronics security.